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Unveiling the Ongoing Ventures of Good Time Builders

The secret to life is knowing how to make the bad times good and the good times unforgettable’. The best way to make the good times unforgettable is to own a residence in any of the elegant ventures of Good Time Builders.   TABLE OF CONTENT 1.Rising to Success 2.Unveiling the Ventures 3.Wind-up 1.Rising to Success Good Time Builders is escalating with benchmark quality, planning, design and infrastructure development, latest engineering ideas and customer centric approach. We have been successful in creating a place for ourselves in the vast arena of real estate. We are known for our superior standards in terms of quality, reliability and durability. We have completed various projects with affordable to elegant and classy dwellings. We will be unveiling the ventures which are our ongoing projects and one or two are almost on the verge of completion. We at Good Time Builders have been successfully creating quality standards in our endeavours and our customers are always satisfied with our projects. Good Time Builders – a name in itself has a broad and clear vision and mission for their future ventures. Their commitment to society is also supreme. a) Vision : To create a world class living environment with unmatched quality of life for people who inhabit them and that fit to their heart’s desire and imagination. b) Mission : To provide value propositions to customers through delivery of quality products and services at affordable prices, thereby creating an ever-lasting association with them and maintaining relationships based on the foundations of Trust, Integrity and Transparency. c) Commitment : To produce the finest homes with abundant aesthetics and environmental standards. 2.Unveiling the Ventures Here are the ongoing projects of Good Time Builders which are classy and elegant, located in well developed physical, social and economic infrastructure.  Waterfront Villas at Patancheru is another elite upcoming project of Good Time Builders. A home should keep its residents healthy. It should be in an area where the pureness of nature offers you a healthy atmosphere. Waterfront Villas at Patancheru is one such trendy venture where you are offered a combo pack of home and health. This gated community is built in a tranquil atmosphere with no disturbance of any sort and with utmost pure air around. These Villas are away from pollution. These elite villas give its residents the pleasure of living in an independent house decked with privacy, liberty and 24 / 7 security. Life in an elite villa speaks volumes about a person’s lifestyle. Spread over 6 acres (approx), these luxurious                    3 BHK duplex villas, constructed on 1800 sqft (approx) each, are adorned with elite amenities and laden with elitism, luxury and elegance.  The top notch amenities and   well designed architecture makes these 94 units chic and stylish. These villas are Vastu compliant. Avenue plantation is a unique feature of Waterfront Villas. This gated community is centrally located and enjoys proximity to prime locations.  This project is located in a developed area of Hyderabad close to Hi-Tech City. It is centrally located and enjoys proximity to prime locations with easy access to shopping Malls, International schools and Colleges, Hospitals, Hotels, Convention Centers etc. “Physical fitness is the first requisite of happiness. The groundwork of all happiness is good health.”A top notch Club House is available to spend your leisure, socialize, meditate and also enjoy a fit and fine life. Landscape gardens feed the aesthetic sense and create a natural scene. They are of great value as they provide  a relaxing feeling and also help to reduce stress levels.  Lakeside Enclave, one of the prestigious residential ventures at Isnapur is an amalgamation of luxury and elegance. These are independent houses with 187 units enclosed in a gated community. These are 3 BHK flats on the verge of completion. This project has classy amenities which provide ample comfort and an excellent infrastructure. An Open Community Hall has various means of entertainment along with a tinge of health fitness. Landscape gardens make the area serene imparting beauty to the surroundings and also purifying the air. All the houses are Vastu compliant. An exclusive play area for children will help in the better development of a child’s personality. Children get ample space to spend time with other children of the society. They can play in the secluded play area without any adult supervision, because being a gated community, the security will be vigilant.  Good Time Residence at Sainikpuri presents independent houses which speak volumes for themselves. These flats in Sainikpuri are a much sought-after residential address, listing it as one of the up market housing localities. The location provides an advantage to Good Time Residence. Designed perfectly these       8 units enclose ample natural light and ventilation. a) Location & Neighbourhood Location of a project plays an important role in the success of the venture. After unveiling the ventures, one can witness that these projects have good connectivity to all the major points of the city via road, rail and buses, one or two being just a few min away from the city life. It is a fine location with elegant standards of living and also accommodating all the necessities of a comfortable life. Being close to employment hubs, these localities are gaining prominence. They are considered to be sustainable locations as their demand is increasing in the real estate sector. Localities and the ease of access also contribute to the rising rates of the property. These projects have become the preferred points of residential investment. b) Socio-economic Infrastructure This is another vital necessity of a project. Infrastructure – be it physical, social or economic is important. Availability of services like schools, colleges, health care centres, hospitals and malls upscale the lifestyle. The growth of infrastructure in an area will be a reason for the growth of the economy of that place.  Social infrastructure includes the social services that are required to raise the standard of living or making life easier

Force Majeure is a Disastrous Event That Cannot Be Predicted | Good Time Builders

Crises are challenges, not calamities. One can never be prepared for any calamity.’  As the wise saying goes, the same was the case with all of us when we were badly hit with Covid 19. Though we have come out of the lockdown, still the world is crippled and unable to stand straight without any support. Each one of us was affected in some or the other way. Along with the various companies of the world, real estate, though a very firm company was also paralysed.  TABLE OF CONTENT 1.Resilient Real Estate 2.What does Force Majeure Mean 3.Why Force Majeure 4.God’s Act 5.Force Majeure invoked 6.Appeal of Home Buyers 7.Doctrine of Frustration 8.Force Majeure – A Saviour 1.Resilient Real Estate  Real Estate couldn’t shield itself from the heavy blow of the pandemic, and there came a halt to the construction along with a delay in handing of the projects. The reverse migration of the workers added to their miseries. Interruption in the supply chain fuelled the agonies of the developers. Construction activities had come to a grinding halt. Even after the unlock the construction activities resumed at some of the sites. Most of the sites were still stagnant as a large scale of exodus migrant workers had to return to work. Migration of labour is a huge concern for the recommencement of construction. Ensuring the availability of labour was the main challenge. The disrupted supply chain is another critical requirement. Developers have to find new reliable sources of supply chain. Handing of the projects as per the contracts was impossible. In this worse situation the developers were frantically hunting for some clause which could give them some relief from the penalty which they would have to pay in case of delay in the projects from the date that is mentioned in the contract. To the delight of the developers, came out the Clause of Force Majeure as a saviour from their contracts. It is rightly said that ‘Suffering becomes beautiful when anyone bears great calamities with cheerfulness, not through insensibility but through greatness of mind.’ Force Majeure was a savior – a blanket of relief. ‘Persistence and resilience only come from having been given a chance to work through difficult problems.’ And…..Real estate got an opportunity to get back to feet and prove to be resilient. 2.What does Force Majeure Mean Force Majeure is an event of effect that can neither be anticipated nor controlled. It can be an act of God or human actions that include war, armed conflict, terrorist attack, labour strike etc. A disaster is regarded as a Force Majeure event based on the below mentioned criterion:  a) It is an unforeseeable event.                                                                                     b) It must be outside the control of either party.                                                     c) The contract could not be completed due to the calamity.                                d) The clause of Force Majeure should have been included when the contract was prepared. 3.Why Force Majeure   Force majeure covers extraordinary circumstances as well as natural calamities. An event can be defined as force majeure when certain conditions are fulfilled which include externality, unpredictability and irresistibility of the event. Construction contracts usually include this clause to protect the parties in the event that a part of the contract cannot be completed due to causes which are not in control of both the parties and could not be avoided by exercise of due care. In these circumstances, Force Majeure comes as  a saviour. 4.God’s Act An act of God is an event for which no party can be accountable. It is an event that is beyond the control of the parties and it relieves one or both the parties from the liability to complete the contract. 5.Force Majeure invoked Covid 19 is certainly an act of God. Builders had to confront a drastic situation that was out of their control. A long period of lockdown, disruption in the labour supply and difficulty in the movement of material like cement and steel had jeopardized the company. The real estate industry came to a complete standstill during the pandemic. The Ministry of Finance announced a 6 months extension for the registration and completion date for all registered projects which expire on or after March 25, 2020. In this way force majeure was invoked. The Finance Minister has termed the Coronavirus as a Force Majeure event for the real estate sector and this decision was welcomed by the developers because they felt that only force majeure can act as a saviour. The government has provided a major relief to the real estate sector by invoking the force majeure clause for coronavirus hit real estate. Government declared the Coronavirus pandemic as Force Majeure. Here are a few highlights of the declaration : Covid 19 should be treated as an event of Force Majeure under RERA. If needed, Regulatory authorities can extend for another period of three months. Fresh ‘Project Registration Certificates’ will be issued automatically with revised timelines. Timelines will be extended for various statutory compliances under RERA, concurrently.  These measures will de-stress the real estate sector to some extent and can facilitate the completion of projects, without adding an awful financial load on developers. 6.Appeal of Home Buyers Home buyers feel that Force Majeure is a clause that proclaims one –sided declaration and does not benefit them in any ways. They feel that the legal relationships have to be equally liable to both the parties. They expect equal leeway in the market. They wish to get some legal protection under the Doctrine of Frustration

Amenities Play an Important Role in Offering Quality Living | Good Time Builders

FOOD, CLOTHES & SHELTER!! Human necessities were limited to food, clothing and shelter in the earlier days. These were regarded as basic necessities and man considered himself happy if he had all the three. But as the world is heading towards modernization, the meaning of necessities is undergoing a change. The word necessity is slowly transforming to amenities. Human motto, at present is : “Give me the luxuries of life and I will willingly do without the necessities”- because amenities have now become the basic necessities. Amenities are gaining importance in today’s life. TABLE OF CONTENT 1.Current Trend 2.What are Amenities? 3.Gated Communities 4.Security 5.Play Area 6.Recreational Facilities 7.Swimming Pool 8.Community Hall 9.Gymnasium 10.Landscape Gardens & Tracks 11.Sports 12.To Conclude 1.Current Trend “The luxuries of a few are becoming the necessities of many”. There were a handful of elites who preferred elegant lifestyle but now many have joined this bunch. A major segment is able to afford the high demands of a posh lifestyle.  Earlier people used to prefer independent houses in a busy area so that they can remain connected to the city. Time has changed the thoughts of man. In present scenario, where city life is full of pollution, humans are moving away from the city, thus giving a new pattern to the purchase of their dream homes. Home buyers prefer to settle down in such areas which can provide a peaceful and natural atmosphere. Gated communities are the most preferred ones as they come adorned with ample amenities. This tells us that amenities are gaining importance. 2.What are Amenities? Amenities are thought to be necessary as they make life easier and more pleasant. Basic amenities include roads, running water and electricity. Social amenities are those which make the social life pleasant –like schools, parks, infrastructural facilities. Civic amenities refer to those services which are used in general by everyone like, sanitation, burial grounds, roads, drains, hospitals etc.  But the amenities which the home buyers prefer to get as a souvenir along with the residence they purchase are different. These amenities play an important role in offering a quality living. In the present era, amenities are gaining importance.  The following dazzling amenities or necessities in today’s language are given preference before finalizing the purchase of the dream house.   3.Gated Communities  Life in gated communities is considered to be elite. The trend nowadays is to have a dream house in a gated community. There are various reasons behind selecting this option. A stylish lifestyle is an attraction because gated communities usually pocket ample amenities. More open spaces are provided with green landscapes. These gated communities give a sense of privacy as well as maintain the connection with the society. There are many advantages if the residence is purchased in a gated community, priority being the presence of amenities. Some of the gated communities also offer amphitheatre and a supermarket on the premises. Presence of a club house, swimming pool, recreation halls etc is a regular feature. People are more attracted towards gated communities, presence of amenities being the main reason. This shows that amenities are gaining importance.  4.Security Security is considered to be one of the important amenities. One needs to empty the pockets on personal security if it is a standalone building. People prefer to go for gated communities  where the availability of      24 / 7 security and surveillance cameras all around the premises will solve the issue. One can stay away from their home for a long period as the safety of the house is taken care of, by the security. 5.Play Area An expansive separate area has to be dedicated to the kids. A separate area for children clearly states that children have the freedom to play here without anyone monitoring them. It is safe and children are under the watchful eyes of surveillance cameras. Green open spaces to play and fresh air to breathe are necessary for healthy growth. Exclusive play areas bring the kids out of gadget addiction. Kids can have a fun-filled childhood. They get an opportunity to meet children from different cultures. This will strengthen unity in diversity. This will also help in the personality development of the child. 6.Recreational Facilities “Peace of mind is a state of calmness or tranquillity, a freedom from worry and anxiety.” One needs some relaxation space to keep the mind at peace after a stressful day. Due to the escalating stress levels involved in professional life, one needs to vent out the stress at some yoga or meditation centre. Accommodation of recreation rooms in the society will help to relieve the stress and it is an added benefit with the purchase of the house. Health and wellness is of utmost importance for a happy life. Meditation and yoga halls help to rejuvenate our senses. 7.Swimming Pool “Lack of activity destroys the good condition of every human being, while movement and methodical physical exercise save and preserve it.” We can get this movement through swimming.   Most of us love swimming but how many of us go to the pool? First of all, it is an expensive affair plus it involves travel time.  Swimming pool has now become an essential amenity. It symbolizes both- leisure and exercise. Moreover an in-house pool offers ultimate privacy. It can be used at one’s convenient time. 8.Community Hall This is a place which is perfect for birthday parties, anniversaries, social functions or community enjoyments. This will be a pretty spacious hall along with a vast open space that can accommodate the guests. These halls are usually managed by the society of the community. This serves as the venue for all the parties and large gatherings including social gatherings during different festivals. Some societies have a rooftop hall too. 9.Gymnasium “Physical fitness is the first requisite of happiness”. One needs to maintain a healthy lifestyle. In today’s busy life schedule we hardly get any time for ourselves. One has no time to go to a gym as it is

Live Healthy Lifestyle @Waterfront Villas in Patancheru | Good Time Builders

Owning your own home is one of the best feelings ever. It can’t be described in words; it can’t be quantified in money. It assures you, after all the ups and downs, you have a place to go to – a place that will never judge you and always invite you with open arms.” “A house is made of bricks and beams but a home is made of hopes and dreams.” – Ralph Waldo Emerson. A home should have the ability to keep its residents healthy. A home should be constructed in such an area where the beauty of nature spreads its wings and offers you a healthy atmosphere to breathe. One such trendy home can be a Waterfront Villa @ Patancheru by Good Time Builders. TABLE OF CONTENT Healthy Lifestyle Why Waterfront villas Exquisite Engineering Location & Neighbourhood Infrastructure Amusing Amenities To Conclude: A healthy life is a happy life. 1.Healthy Lifestyle This gated community is designed in an idyllic setting with no disturbance of any sort and in an utmost peaceful location. “Love yourself enough to live a healthy lifestyle.” – Kelly Ranaudo Enjoying a healthy lifestyle and owning a home go hand in hand. The health of a person depends on his house and the area he lives in. To have holistic health, one needs to take care of many factors. It is not a short term diet. It is a long term lifestyle change.  Health is the real wealth. A healthy lifestyle not only changes your body but also changes your mind, your attitude, and your mood. Good Time Builders have designed the Waterfront Villas keeping in view the health of their residents.  These Waterfront Villas resemble an oasis of tranquillity and freshness where one can get only pure air to breathe. These Villas are away from pollution. When there is purity everywhere then a healthy lifestyle is sure to trail @ Waterfront Villas.  “Physical fitness is the first requisite of happiness. The groundwork of all happiness is good health.” 2.Why Waterfront Villas “Health is a state of complete harmony of the body, mind, and spirit.” – B.K.S. Iyenger. Grab a healthy lifestyle @ Waterfront Villas and enjoy a contented life. Life in an elite villa speaks volumes about a person’s lifestyle. These villas offer the pleasure of living in an independent house decked with privacy, liberty, and 24 / 7 security. These waterfront villas serve you in different ways – as an independent house in a gated community with immense privacy as well as a healthy lifestyle in a serene atmosphere. These luxurious villas are adorned with elite amenities and replicate a lifestyle that is laden with health, elitism, luxury, and elegance. Spread over 6 acres (approx), these are luxurious 3BHK duplex villas constructed on 1800 sqft (approx). This consists of G+ 1. Waterfront Villas of Good Time Builders is located at Patancheru. These classy villas pocket a comfortable and luxurious life. The top-notch amenities and well-designed architecture makes these Villas chic and stylish. In all, there are 94 units. Being Vastu compliant these villas are getting more attracted by the buyers. Avenue plantation is another feature of Waterfront Villas. This gated community is centrally located and enjoys proximity to prime locations. One can own these Waterfront Villas and indirectly embrace health.  3.Exquisite Engineering We at Good Time Builders are here to fulfill your flamboyant dreams through our Waterfront Villas at Patancheru.  This project has the most well-designed accommodation plan for a luxurious living. The posh elegance of Waterfront Villas will mesmerize you with its innovative infrastructure. These villas are designed retaining chic and style as well as giving priority to the comforts and needs of the buyers. These villas reflect elitism. This project boasts top-class interiors. Waterfront Villas is one of the most acclaimed projects of Good Time Builders.  4.Location & Neighbourhood The location of a project plays a primary role. Waterfront Villas are located in Patancheru which is about 32 km from the main city of Hyderabad. It is located on the Hyderabad-Solapur Highway and is about 18 km from Hi-Tech City. The growth of the commercial segment in Patancheru is becoming the cause of quick development. It is a fine location with elegant standards of living, just a few mins away from city life. It has good connectivity to all the major points of the city via road, rail and buses. Patancheru has all the necessities of a comfortable life. This locality has a lush green and clean environment. It is home to ICRISAT and many pharmaceuticals. Patancheru is surrounded by a lot of massive well known industrial / Tech parks like Vance Business Hub, Ascendas IT Park, Raheja Mindspace IT Park, and the ‘V’ IT Park. As this place is considered to be a sustainable location, its demand is increasing in the real estate segment. It has become a preferred area of residential investment. 5.Infrastructure Waterfront Villas at Patancheru is close to one of the prime national highways, i.e National Highway-65. One can reach Hyderabad’s prime areas via ORR.  It is well connected to one of the major employment hubs like Gachibowli. Well, known banks like SBI, ICICI, Axis Bank, and many more have their branches at Patancheru. Reputed international educational institutions like Oakdale International School, International School of Hyderabad, and Rainbow International School are situated within 5-7 km from Patancheru. The Government Hospital and Indira Hospital are found within a radius of 1 KM.  It has easy access to shopping malls, International schools, and colleges, hospitals, etc. Commercial spaces are also available @Waterfront Villas.    6.Amusing Amenities These Waterfront villas offer posh facilities. An exclusive clubhouse provides physical and mental relaxation after a tiring and hectic work schedule in the form of outdoor and indoor sports. These villas assure sound health due to its greenery all around. A separate children’s play area is also provided so that kids need not get glued to the computer chair or to the mobile games. They can enjoy healthier evenings without any adult supervision as

No Reduction in Prices – Post Pandemic | Good Time Builders

Good News! But what is the news? What is good news in the realty sector? Drop-in prices of property seem to be good news. Is this news good for everyone? It is not necessary that good news should be good for everyone. Good news may cherish one sector but may rumple the other. Drop-in prices of the property may cherish the buyer but at the same time may bring a loss to the developer or the seller. TABLE OF CONTENT Quavering news Importance of homes Increase in cost of raw materials Pressure on developers Low demand at present Home buying  affordable Demand for homes may increase In a nutshell 1.Quavering News As we all have tasted the lashes of Covid19 in one form or the other, we cannot deny that it had not touched us. The pandemic has eventually gripped the entire world into its clutches and real estate was no exception. It was also crinkled in every possible way. All the activities of this sector came to a halt. After sometime real estate received a major blow when they got some shocking news; which was good for others but very destructive for the sector. The developer community was in a lather when it got the news that builders can sell the housing projects at reduced rates and let go of the high-priced unsold stock. They should sell off their inventory at whatever rates they get to produce liquidity. Though this was good news for the buyers, this news brought shivering and quivering in the real estate. Most of the projects were incomplete and couldn’t be completed due to the lockdown, reverse migration of workers, and the unavailability of the raw material. The sector has either to sell off at whatever price they get or hold on to the projects until the situation brightens up. It was a tough decision. But the sector decided to hold it as they were able to see some faint light at the end of the tunnel. They also knew that there would be no reduction in prices post-pandemic. The residential real estate market had been maintaining the prices during the past few years, even though the demand had slowed down due to various factors. No doubt, coronavirus had hit the economy badly, but couldn’t shake the prices of real estate. In near future, there are no chances of a drop in value in the property market. No reduction in prices post-pandemic due to a few reasons as mentioned below: 2.Importance of Homes After the pandemic, homes took up a new position and importance. The pandemic has dusted the fact that owning a house is way better than dealing with the qualms of living in rented accommodation. Having real estate as an asset is a much more reliable option than other forms of assets. A home is a multifaceted place that functions as a school, office, business area apart from its regular feature of giving shelter and sharing emotions of the family. Homes have proved to be the safest refuge during the pandemic. A few factors which may gain prominence after the Covid 19 need to be highlighted: a) Spacious homes as they have to perform many functions b) Spacious homes to maintain social distancing c) Affordable prices d) Health facility in close proximity e) Improved infrastructure to work from home 3.Increase in Cost of Raw Materials As the supply chain is hampered in the wake of the pandemic, project delays are expected to prolong. This would become more prominent on premium- luxury projects because the supply of fixtures and furnishings heavily rely on China and it is not possible to import anything from there. Arrangement of an alternative new supply chain from our country demands time and increased prices. This change will not only delay the projects but also increase the overall cost of the project. Hence there is no chance of reduction in a prices-post pandemic 4.Pressure on Developers Developers are the ones who are the fence-sitters guarding the piles of unsold and incomplete inventory. Sources of liquidity are also drying up. They need to complete the incomplete units. For this, they need the raw material and the labor which is still in the lurch. They need to hunt for local suppliers as the import of raw material from China is not possible in the present scenario. So the supply chains need to be transformed. Though a stress fund is sanctioned by the government for the builders to complete their projects, it may not cover up all their woes. Considering the depth of the current crisis, prices may not see a downward movement as the holding cost of the developers will climb while the pressure to liquidate the unsold inventory will increase. The new ‘Make in India’ project may give a boost when it kicks to start, but till then the short term grievances of the developers need to be addressed. One cannot think of any reduction in prices -post-pandemic.  5.Low Demand at Present Due to the pandemic, the home buyers expected a drop in the prices though it may be difficult for many to buy a property in the present scenario. Despite the fact that the demand is low and there are piles of inventory with the developers, there seems to be no reduction in prices –post-pandemic. Even if there is a steep fall in the demand, there may not be any corrections in the prices because of the very nature of the asset.  6.Home Buying Affordable  The REPO RATE that has been reduced to 4% can make borrowing cheaper for home buyers. Home loans have become significantly attractive. The lowest home loan interest rates is an opportunity to fulfill the dream of life. It is definitely good news for those craving to own a house and even for those who are waiting for the correct time to take the plunge. It also creates an opportunity for potential home buyers. This will also support the economy. A moratorium on EMIs will

Technology Plays a Vital Role in the Growth of Real Estate | Good Time Builders

Technology, technology and technology!!! Technology is best when it brings advantages and not destruction. It is a means to bring the world closer and together and solve some of the great challenges.  “Any sufficiently advanced technology is equivalent to magic.” – Arthur C.Clarke.  We find technology in every field of life.  The application of scientific knowledge for practical purposes, machinery and equipment- developed from the application of the advances in computer technology upscale the industries. When almost all the industries are blooming with technology, then how can the real estate trail behind. Most of the sectors in real estate are using technology in different ways. The biggest unorganized market is heading towards a civilized and modern means of business with the help of technology. TABLE OF CONTENT How does technology help real estate Websites Introduction of AI and Chatbots Entry of Drones Internet of Things (IoT) 3D Printing Blockchain Prevents Forgery Digital agreements  Winding up 1.How does technology help real estate Technology plays a vital role in the growth of real estate. Though a late bloomer, real estate has embellished itself with various innovations and advancements of technology. Real estate is at the brink of a major transformation in the technological world. The sectors that cover developing, buying and selling are successfully enhanced by technology. Buyers as well as seller’s gain prominence by adopting technology. Deals have become easier than before. Construction technologies have been modernized. The intervention of the internet and technology has provided a firm platform to real estate.  Let’s throw light on how real estate is embracing technology in its various sectors and heading towards excellence. 2.Websites Introduction of websites have brought a major revolution in the field of real estate. The offline market has paved the way to more friendlier, mobile centric technology that has redefined the perceptions of property management and investment. Most of the transactions have become paperless. These apps help in searching our dream house or the property of our interest at the click of a button. They provide a larger view of options to the buyers. Customers can find solutions for all their real estate requirements at their fingertips. These sites have made it easier to connect with the consumers. Their queries also can be solved online, thus maintaining and strengthening the buyer–seller relationship. 3.Introduction of AI and Chatbots Artificial Intelligence (AI) and machine learning are gaining importance in the real estate sector. AI works in a smart way by making machines carry out composite tasks related to human minds. Machine learning makes computers analyze and resolve problems. AI enhances the buying and selling of properties in the real estate sector. Modified AI applications can even answer detailed questions related to a project or society. With AI, one can have a virtual reality tour before finalizing and get handy information about the property you are planning to purchase. It also helps the developers to advertise their property to potential home buyers. AI is used for convenience and efficiency. A Chatbot is an artificial intelligence in the form of a computer-generated assistant. It is designed to stimulate human conversations. This is a tool used as a chat interface exactly as one would converse with another person. Chat bots are programmed to provide a preset answer that responds to common queries.  It saves time and the cost spent on customer service and responding to questions. Chatbots have brought fancy to real estate. Most of the real estate websites have included chat bots for the better functioning of their business. Integration of chat bots on the real estate websites is a way to refurbish with the help of technology. 4.Entry of Drones Drones are being used to assess and carry on a detailed survey of the construction site. Drones take images of properties and also give an aerial view of the ongoing construction site. This helps the buyers to accumulate the visual information at economical cost. Gone are the days when real estate used to work with brochures. The virtual images displayed on the sites speak volumes about the site and the construction. These drones also help in giving a virtual tour of the dream homes. Usually safety managers conduct the site walk-through to identify the probable hazards. This walk-through can be replaced by drones which are more effective, safer, as well as faster and can perform more accurate inspections. 5.Internet of Things (IoT) This is called the Internet of things. It refers to a system of interconnected and interrelated objects that are able to accumulate and transfer data over a wireless network and without human involvement. It is a part of homes, work and shopping places, parking lots etc. It consists of sensors/ devices which talk to the cloud through some kind of connectivity. There are several top IoT devices in the market like smart security systems, smart door lock etc. IoT has impacted every industry and real estate is not an exception. This technology will ease all the steps of buying, selling and renting properties. Self regulating lighting, heating and cooling saves money and also makes it fancy. IoT in the form of smart technology, helps in efficient building management. Its implementation in residences can increase their resale value and make them prominent. 6.3D Printing “The art challenges the technology and technology inspires the art” – John Lasseter. 3D Printing is one of those technologies that is expected to give a big leap to the real estate sector. Though in the budding stage, it can replace a considerable amount of time and cost of construction across the major segments of real estate following all the safety standards. It can be applied in residential, commercial and even the retail sector. 7.Blockchain Prevents Forgery Fraud is a common risk prevalent in real estate and this is more likely to prevail as long as paper documents exist. Paper documents can be easily forged. This risk can be minimized with the use of blockchain. Blockchain is a system of recording information in such a way that

Real Estate Path to Recovery – Post Pandemic | Good Time Builders

Though things look desolate now, they are going to be better. Hope is a treasure and can never be swept away. After a massive tremble and shudder that was created1, we all are almost back with new resolutions or with the impaired ones – to stitch up the holes created by corona. There is a paradigm shift in our lifestyle as well as in our workplace. The secret of change is to focus our energy to build the new, rather than crying over the spilled milk.  As we all know Coronavirus has directly hit the global economy, with a number of companies struggling to hold on their foot, employees losing or being thrown out of the jobs and the masses getting locked in the houses for months. In this devastating scenario, the Real Estate segment had also been targeted by the noxious virus and its effects. Real Estate could not save itself from the blaze and it was also hit hard. It needs to get on the Path to Recovery – Post Pandemic. Corona taught us that life doesn’t get easier but we get stronger and more resilient. No matter how much falls on us, we keep moving ahead. That’s the only way to keep the roads clear. We need to be able to let go and move on.  TABLE OF CONTENT Effect of a pandemic on real estate A clear view of the present situation Unity in teamwork New initiatives Connecting with customers Supply chain management Take advantage of the technology Shift in sentiments E-commerce To conclude 1.Effect of the pandemic on real estate Real Estate, though experienced tremendous loss during COVID 19, adopted the policy of ‘keep moving’ and is on the path to recovery – post-pandemic. This segment needs to be resilient to survive and flourish in these circumstances. Not only the buying and selling of properties were at a halt, but the construction sites also faced a tremendous loss. They were the most savagely hit segment. Traditional business processes were hampered but Real Estate is now on the path to the recovery-post pandemic and is expected to revive soon.  Now that we are in the post-pandemic period, let’s keep in mind a few things to follow on the path to the recovery-post pandemic.  2.A clear view of the present situation Real Estate has to identify the requirements of the new lifestyle and the evolving work culture which is no longer limited to the office only. This amalgamation of the culture will be a contributing element in the path to recovery of the Real Estate-post pandemic. Homes are also offices. Homes are also schools. A home is a blend of a school, an office, and of course – “Home Sweet Home”. Architectural changes in the offices, better ventilation, and provision of social distancing is the need of the hour. Homes also need more space as its functions are increased.  3.Unity in teamwork Post pandemic is a crucial period and it is very important to work in a team. Teamwork enhances the speed and also accumulates more ideas for the revival. So priority should be given to teamwork, though the work is online. Teamwork and the precious ideas of the team should be treasured.  “Great things in business are never done by one person. They are always done by a team.” –Steve Jobs 4.New Initiatives It is time to recognize the challenge and do something to safeguard ourselves in the future. Real Estate needs to adopt new strategies to revitalize itself. The practices which were followed earlier need to undergo a course of action to keep pace with technological innovations. Being an asset sector, it will remain significant but needs to reinvent itself as per the prevailing circumstances. Customer confidence has to be regained. A pandemic contingency plan has to be created. Therefore, the introduction of new initiatives is the demand of the circumstances. Moreover, hygiene measures play a crucial role in refurbishing existing commercial spaces.  5.Connecting with customers Communication with existing as well as new customers is very important for a healthy business. This becomes more significant when site visits and personal meetings are restricted. A strong IT and digital infrastructure will play a vital role in strengthening relations with prospective customers. The Realty sector needs to keep connected with the clients on their path to the recovery-post pandemic.  6.Supply chain management This pandemic has highlighted the challenges faced due to the geography-specific supply chains. Real Estate needs to hunt for native suppliers and also have a backup, to overcome any sudden commotion in supply chain management. This will lessen the risk of facing a massive loss and also strengthens us to face any disaster without much fright.  7. Take advantage of the Technology Technology has taken the center stage during and also the post-pandemic. COVID has taught us the importance of crisis preparedness and also forced us to renovate our lifestyle. With prolonged lockdown, Real Estate has become advanced and is now utilizing digital technology to sustain the drive. Virtual walkthroughs and chatbots can also be used to interact with customers. Technology can be used to offer a new experience to customer demands. An increase in automation and mechanization is expected in the path to the recovery-post pandemic. This might reduce the dependency of labor to a certain extent. Digital marketing strategy needs a priority to improve the customer response. Technology has to be implemented that includes artificial intelligence and data analytics and should be applied to all areas of real estate. Virtual offices would surely prove to be beneficial. Adopting technology will be an advantage in the path to recovery – post-pandemic.  8.Shift in Sentiments There is a shift in consumer sentiments post the lockdown period. Owning an apartment has become one of the most important decisions in the aftermath of this pandemic. Work from home and online classes for the kids need little more space than available. So an extra room as a study will be an added charm to the customers. This

Gated Communities rather than Independent houses | Good Time Builders

Home is where love resides, memories are created, and laughter never ends. There is nothing more important than a good, safe, and secure home. Home isn’t a place, it is a feeling. It calls for a perfect and very fine decision to settle on what type of house should we invest in. There are a lot of emotions that come with it. Along with emotions, the amenities and luxuries are to be taken care of. It is a commitment and is like unlocking a life accomplishment in the game of life. To buy a nice home is to buy a better way of life. Buying a home is a big step up into another echelon of society. Summary 1)Why Gated Community 2)High security and safety 3)Elitism 4)Cost of the house 5)Privacy 6)Togetherness with community 7)Eco Friendly & Green Environment 8)Secluded area for children & adults 9)Classy Amenities & Maintenance 10)No soliciting 11)No Raucous of the Traffic 12)High property value 13)Conclusion [/vc_column_text][vc_empty_space][vc_column_text]A home can be an apartment in a gated community or an independent house. A gated community is a large expanded residential area that is usually enclosed within walls and the single entrance and exit are guarded strictly by the security. It also has ample amenities. Whereas an independent house will not have that security and also lacks in amenities. Anyone who fancies a quiet life that is well equipped with luxurious amenities; a gated community would be the right choice. Life in gated communities is much more fanciful and elite when compared to life in an independent house. Those who desire an independent house will have to cut the mustard to achieve the luxurious amenities equivalent to gated communities. Let’s reflect on some of the advantages and benefits of living in a gated community rather than an independent house before finalizing the most important decision of life.[/vc_column_text][vc_empty_space][vc_custom_heading text=”High Security & Safety” font_container=”tag:h4|text_align:left”][vc_column_text]One of the main attractions of living in a gated community is safety and security. Gated homes are enclosed by walls and well-monitored at the fixed entrance and exits. These communities are even guarded at nights thus ensuring safety from thieves. 24/7 security cannot be breached by strangers and vendors. There will be CCTV Cameras for the surveillance, hence lowering the crime rates. One can stay away carefree from their home for long durations as the safety of their houses is assured. Children and elderly people residing in the gated community are protected from intruders. Monitoring the entrance and the exit gives the residents a feeling of safety in their homes and such asset is not available for independent houses. One has to face solely the issues of security in an independent house. The owner has to bear all the costs. Home in a gated community is always safe when it comes to safety and security.[/vc_column_text][vc_column_text]I am text block. Click edit button to change this text. Lorem ipsum dolor sit amet, consectetur adipiscing elit. Ut elit tellus, luctus nec ullamcorper mattis, pulvinar dapibus leo.[/vc_column_text][vc_empty_space][vc_custom_heading text=”Elitism” font_container=”tag:h4|text_align:left”][vc_column_text]Gated communities offer an exclusive lifestyle and neighborhood. It reflects the modern and elite standard of living. It is a symbol of eminence. Nowadays people, especially the young generation does not compromise with their dreams and their lifestyle. So they prefer gated communities that offer them a luxurious lifestyle with multiple amenities and a nourished community. Luxurious amenities enhance the lifestyle apart from fulfilling the modern requirements. Such type of elitism is rarely seen in independent houses.[/vc_column_text][vc_empty_space][vc_column_text] Cost of the house Independent houses are much expensive than that of an apartment in gated communities as it includes various requirements like the price of the plot, clearances from various authorities, electricity connections, raw materials, labor costs, etc. In the case of an apartment, the builder has the responsibility of all these, the buyer has to finalize the deal and move in when ready to occupy. Apartments in gated communities also bring with them the shared amenities which are deprived of in independent houses. One has to invest more in independent houses to achieve the luxuries equivalent to gated communities thus increasing the overall cost of the house.[/vc_column_text][vc_empty_space][vc_column_text] Privacy This is another factor that supports life in gated communities. As the access at the gate is well controlled, life in gated communities gives residents more space from the hustles of the outside world. This kind of exclusivity is an attraction of gated communities. One can restrict or allow entry to whomever one wants. Such monitoring prevents the interference of the outside world. This privilege is rarely seen in independent houses. One has to avail of privacy at his own expense.[/vc_column_text][vc_empty_space][vc_column_text] Togetherness with Community This is regarded as one of the pleasing factors in a gated community. Residents have an unspoken understanding among themselves. Gated communities enjoy social gatherings during festivals, children from various lifestyles playing together, an acquaintance in recreation rooms, and even during outdoor and indoor events. Various community events will be organized to gather and enjoy the moments together, thus giving a sense of togetherness. People from different backgrounds come together and live in peace and harmony. One feels cared for and secure with these types of activities. It offers a sense of togetherness and moments to cherish life. Independent houses have isolated life –away from the community.[/vc_column_text][vc_empty_space][vc_column_text] Eco Friendly & Green Environment Some of the gated communities use natural sources of energy like solar energy, indirectly reducing the electricity bills. Gated communities provide a green environment where one can breathe fresh and clean air. Due to lack of traffic or speedy vehicles, the environment is safe from pollution thus preserving the beauty of the atmosphere. Noise is well controlled and the landscaping provides serenity even when living in and around the busy metropolitan areas. There are lush green parks and gardens managed to perfection. This environment can be cherished by people of diverse age groups. Due to less open areas in independent houses, greenery will be restricted to very small areas and noise pollution cannot be controlled if one prefers to

Benefits of Owning a Property at Patancheru | Good Time Builders

Owning a home is a keystone of wealth. It gives both financial affluence and emotional security. Buy on the fringe and wait. Buying real estate is not only the best way, the quickest way, the safest way but the only way to become wealthy without any threat of loss. Choose a place which has the utmost scope of development and the City of Pearls, Hyderabad, provides many opportunities at its outskirts where one can witness major developments in the residential as well the commercial sector. Not to mention, one such place which is the most sought after is Patancheru, located in the north western end of Hyderabad. One can benefit well by owning a property at Patancheru. TABLE OF CONTENT Location Neighbourhood Infrastructure Employment hubs in close proximity Residential options Classy lifestyle at Waterfront villas Conclusion Though Patancheru has the highest number of industries of Telangana, it is free from pollution and roars of traffic. This place is considered as a sustainable location, thus increasing its demand in the real estate segment. The progress of infrastructure in Patancheru makes it a preferred area of residential investment. One need not think twice to own a property at Patancheru. Investing in Patancheru can return good yields in future. Let’s have a glance on a few benefits of owning a property in this area which is at a fast pace of development. 1.Location Location plays a primary role while investing in a property. Patancheru also known as Pathan Cheru is about 32 kms from the main city of Hyderabad, the City of Pearls. It is located on the Hyderabad-Solapur Highway and is about 18 kms from Hi-Tech City. Saki Lake is situated very close to the Patancheru Bus Terminus. Patancheru is an industrial hub of Telangana. Though an industrial zone at one time, the growth of the commercial segment in this area is becoming the cause of rapid development. Increase in employment is increasing the demand for housing in Patancheru. The only GHMC circle which lies close to ORR is Patancheru. It is a fine location with classy standards of living, just a few min away from the city life. It has good connectivity to all the major points of the city via road, rail and buses. 2.Neighbourhood Neighbourhood also plays an important part when we are planning to own a property. Patancheru has all the necessities of a comfortable life. This locality has a lush green and clean environment. It is a home to ICRISAT and many pharmaceuticals. Well known industries such as Asian Paints, Agarwal Rubber, Pennar Kirby Building, Fenner, Aurobindo Pharma etc. are situated in Patancheru. Grofers, D’Mart and Trent have their warehouses in Patancheru. Tellapur, Chandanagar, Serilingampally, Muthangi are some of the nearby residential localities. Patancheru is surrounded by a lot of massive well known industrial / Tech parks like Vance Business Hub, Ascendas IT Park, Raheja Mindspace IT Park and the ‘V’ IT Park. 3.Infrastructure Physical, Social and Retail infrastructure are also considered before finalising a location for our residence. (a) Physical The best closest approach to Hyderabad’s prime areas is via ORR. Patancheru is close to one of the prime national highways, i.e National Highway-65 due to which much development is expected in future . ORR and Hyderabad-Solapur Highway ensures excellent connectivity to different parts of the city. Lingampalli and Nagulapalli Railway stations are 9 km and 11 km respectively and they can be reached via National Highway-65. TSRTC buses are frequently available at Patancheru. Miyapur Metro Station is 13 kms through National Highway-65. It is well connected to one of the major employment hubs like Gachibowli. Patancheru is gaining importance due to its rapid growth and hence attracting the buyers. (b) Social and retail International schools, colleges, hospitals, malls, etc lie in close proximity. A number of reputed educational institutions like GITAM University, TRR College of Engineering, RSS College of Engineering and Technology make Patancheru more prominent. Well known banks like SBI, ICICI, Axis Bank and many more have their branches at Patancheru. Reputed international educational institutions like Oakdale International School, International School of Hyderabad, and Rainbow International School are situated within 5-7 km from Patancheru. The Government Hospital and Indira Hospital are found in the radius of 1 KM.  4.Employment hubs in close proximity Patancheru is one of the rapidly developing localities in the real estate sector. It is gaining importance due to its excellent connectivity to Hi-Tech City. It is close to IIT, Hyderabad. Being a prominent industrial zone, Patancheru houses various industries. One can also reach Kondapur and Gachibowli via National Highway-65 easily. 5.Residential options  Patancheru has always been fine as far as living standards are considered. Many options are available to own a property in Patancheru. They are primarily villas and gated community apartments. They are very much affordable and present a multicultural environment. A number of townships like BHEL, BDL and ODF are the reasons behind the multicultural environment in Patancheru. BHEL is just 7 kms (approx) from Patancheru. Various upcoming residential projects, the prominent one being the Good Time Builders also contribute in the development of this locality. The Waterfront Villas, a fascinating venture by Good Time Builders, is taking the development of Patancheru to classy levels. 6.Classy lifestyle at Waterfront villas If you are planning to own a property at Patancheru, the Waterfront Villa of Good Times is the best selection. These villas are away from the buzz of the city and also connected to the city. It is a perfect place to envision your life with your family in a serene atmosphere. These 94 row villas in a gated community offer the freedom of independent living with a blend of community living.  Waterfront Villas are duplex, luxurious, 3BHK villas built on 1800 sq ft. They offer modern, comfortable and luxurious life. The modern amenities and the elegant architecture make these Waterfront Villas more trendy and stylish. If you invest in Waterfront Villas of Good Time Builders, then you are not buying a house, you are buying a

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